The government has published over 30 updates, consultations and documents on the UK's first ever Tax Day. The announcements, which would traditionally be published at Budget, have been released later to allow for scrutiny from stakeholders. It was announced that HMRC will tighten rules to force holiday let landlords to prove they have made a realistic effort to rent propertie ...

The deadlines for filing and paying CGT arising on the sale of an interest in UK property has changed as from 6 April 2020. UK residents making a gain which is liable to CGT from the disposal of residential property situated in the UK now have 30 days from conveyance in which to notify HMRC and pay across any CGT that is due. Non-UK residents have been subject to these report ...

The deadlines for filing and paying CGT arising on the sale of an interest in UK property has changed as from 6 April 2020. UK residents making a gain which is liable to CGT from the disposal of residential property situated in the UK now have 30 days from conveyance in which to notify HMRC and pay across any CGT that is due. Non-UK residents have been subject to these report ...

Few property transactions are proceeding at the moment but anyone selling UK residential property needs to be aware of the new requirements. Under the new proposals, the CGT due should now be reported to HMRC and paid within 30 days of completion. The new obligation applies to UK residential property transactions where:  the date of disposal (usually the date of exchange) i ...

The latest HMRC Agent Update includes guidance on the Structures and Buildings Allowance (SBA). This capital allowance is designed to provide tax relief for businesses and to support investment in constructing new structures and buildings and improving existing ones. The SBA relieves the construction costs for new structures and buildings used for qualifying purposes and the i ...